back Back

NBK unveils prepaid card in partnership with Qatar Airways & British Airways

By Delisha Fernandes

December 11, 2023

  • British Airways
  • Cardholders
  • Financial Inclusion
Share

National Bank of Kuwait, NBK, Apple PayNational Bank of Kuwait (NBK) has unveiled the NBK Avios Visa Signature Prepaid Card in partnership with Qatar Airways Privilege Club and British Airways Executive Club.

The NBK Avios Visa Signature Card empowers customers to collect Avios, the rewards currency for Qatar Airways Privilege Club and British Airways, on their everyday payments. Members can opt for their preferred airline loyalty programme at the time of the application and will earn Avios on every transaction made with the prepaid card.

Mohammed Al-Othman, CEO of Consumer and Digital Banking Group at National Bank of Kuwait, said, “We’re excited to join forces with two of the prominent airline industry leaders to unveil a first of its kind prepaid card in the region, jointly co-branded with Qatar Airways and British Airways and powered by Visa — offering distinct benefits to our valued customers.

Among key benefits of the NBK Avios Visa Signature Card, when the customer chooses Qatar Airways Privilege Club as the preferred airline loyalty programme, include bonus on first usage and renewal of the prepaid card, accelerated opportunity to earn Avios on international spends and flight bookings with Qatar Airways, the opportunity for tier fast-track to Silver or Gold tier and much more.

If a customer chooses British Airways Executive Club as the preferred airline loyalty programme, they will benefit from bonus on first usage and also renewal of the prepaid card, accelerated opportunity to earn Avios on international spends and flight bookings with British Airways and much more.

“The NBK Avios Visa Signature Card is designed to enhance the travel experience of cardholders who will enjoy convenient and secure payments at our more than 130 million merchants worldwide. As a prepaid card, it will help drive financial inclusion so more consumers can enjoy the benefits of digital commerce. We remain committed to collaborating with our local partners to deliver innovative solutions that meet the evolving needs of our cardholders and reward them when shopping and paying with their Visa card,” said Saeeda Jaffar, Visa’s SVP and Group Country Manager for GCC.

Previous Article

December 11, 2023

Maybank appoints Alvin Lee as Country CEO, CEO Maybank Singapore, and CEO Malayan Banking Berhad Singapore

Read More
Next Article

December 11, 2023

HitPay expands payment network in Singapore, Malaysia, and the Philippines

Read More








IBSi Daily News Analysis

Fraud

February 23, 2024

British Airways

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Ebury and Nium team to offer cross-border payments in Brazil

Read More

Today

MultiPay teams up with Acquired.com to launch Pay By Bank

Read More

Today

UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023